Manager, Financial Planning & Analysis

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Requisition

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager is a senior level role and is a key partner in supporting Scotia Global Asset Management (SGAM) within Global Wealth Management. The role is responsible for financial planning and analysis, including compensation expense oversight and governance, modeling, financial reporting for SGAM, providing financial insight to the business lines partners (internal and external views).

The role reports to the Senior Manager, and works in close partnership with the business leaders, and other business partners on reporting, analysis, and continuously looking for opportunities for process optimization. The role is required to demonstrate strong leadership skills to drive adoption of new financial planning (budgeting and forecasting) processes and procedures within Scotia Global Asset Management Finance.

Preparation of monthly and quarterly business line results for the business.

Lead and be responsible for the monthly, quarterly and annual financial management reporting, maintaining effective controls and ensuring that timely and accurate information is reported to Senior Management.

• Closing Journal Entries and Trial Balance Process
  • Assist in the preparation of monthly journal entries and supporting entries for business line allocations, as needed
  • Oversight and review of monthly journal entries/ results
• Prepare monthly / quarterly reporting and analysis package and report on monthly & YTD actual business results relative to plan/forecast/previous year activity.
• Prepare monthly / quarterly dashboard for senior management, and monthly departmental expense report for department heads.
• Complete quarterly Blue Book, Business Line, Quarterly Overview, and Revenue & Expense Variance analysis and commentary for submission to Senior Management.
• Ownership of timely collection of financial and non-financial data from business and support groups.
• Consolidation of brand level results and provide relevant commentary for Asset Management.
• Complete analytical review to
  • Ensure completeness and reasonability of forecast, provide viable solutions to issues raised.
  • Understand the relevant performance of Asset Management business plan vs actuals.
• Presentation and communication of monthly / quarterly results to business heads.
• Establish and maintain systems to efficiently manage the reporting process.

Lead and proactively manage the forecasting and annual profit planning process for the business.

• Timely and accurate preparation of forecast and budgets relating to business units and support groups.
• Working closely with the business units, prepare quarterly, whole year revenue and expense forecasts for submission to Senior Management.
  • Ownership of timely collection of financial and non-financial data from business lines.
• Complete analytical review to
  • Ensure completeness and reasonability of forecast, provide viable solutions to issues raised.
  • Understand the relevant performance of the business to base forecast.
• Ensure accuracy and completeness of information – profit plan, quarterly update, and full year forecast. For forecasting purposes, recommend financial models and inputs, set appropriate drivers or strategic benchmarks.
• Ensure timely submission of annual profit plan, including analysis of all major revenue and expense categories.
• Coordinate the completion and review of the departmental expense budgets with Department Heads.
• Complete profit plan analysis and presentation deck to senior management team.

• Variable compensation plan oversight, governance and modeling.
• Be a subject matter expert on the components of the compensation plans and ensure they are adhered to.
• Perform ongoing data integrity inspections and reconciliations to confirm the validity and credibility of the data used in compensation models and other SGAM reporting.
• Manage, prioritize and negotiate timelines for various ad-hoc requests as required, including requests for data, change requests,…